The Carlyle Group

Today, we reported one of The Carlyle Group’s strongest quarters in recent years. Record Fee Related Earnings. Our highest Distributable Earnings in nearly four years. Broad-based realizations. Continued momentum across the platform. In the video below, I share what drove Q2, where we’re seeing opportunity, and how the breadth of Carlyle’s platform helps us continue to deliver for clients. ++++++ View the earnings presentation and important information regarding forward-looking statements and a reconciliation of non-GAAP financial measures to the corresponding GAAP measures here: https://lnkd.in/gkAfnQd2

Today, we reported our Q2 2026 financial results, marking one of Carlyle’s strongest quarters in recent years and underscoring the strength of our diversified platform. CEO Harvey Schwartz said: “We delivered record Fee Related Earnings, our highest Distributable Earnings in nearly four years, alongside strong fundraising, and exceptional realization activity. Carlyle continues to distinguish itself as an industry leader and an outlier in returning capital to our clients, distributing nearly $7 billion during the quarter and $37 billion over the past year. This performance reflects the disciplined execution of our strategy and the momentum we continue to build across the firm.” View the earnings presentation and important information regarding forward-looking statements and a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures here: http://spr.ly/6044B1637n Join our investor conference call at 8:30am ET here: http://spr.ly/6045B1637X

Congratulations to Matt Anderson, Partner & Chief Digital Officer, on being recognized in Observer's 2026 AI Power Index. The annual AI Power Index recognizes leaders driving the advancement and adoption of artificial intelligence across industries. At Carlyle, Matt has helped bring AI to the forefront of the business across several areas, including investment strategy, due diligence, and AI transformation, while also helping expand the firm's capabilities through data, technology, and strategic partnerships. Learn more: http://spr.ly/6042BE07qI Observer's 2026 AI Power Index was announced in July 2026 by Observer. No compensation was paid by Carlyle in connection with this recognition.

Carlyle's Global Opportunistic Credit platform is delighted to announce the successful exit of its investment in Amber River. Separately, Carlyle's Direct Lending team has partnered with Stone Point Capital to provide financing in support of the company's next phase of growth. Amber River is a leading UK independent financial planning business, serving clients through a network of regional wealth centres. Since Carlyle's investment, the business has continued to strengthen its market position, expanding both organically and through acquisitions while investing in its people, technology and client offering. With a scaled national infrastructure, differentiated regional model and strong management team, Amber River is well positioned to continue its growth trajectory under Stone Point's ownership. The continuation of Carlyle's relationship with Amber River through our Direct Lending strategy underscores the breadth of our Global Credit platform and our ability to provide tailored capital solutions at different stages of a company's growth journey. Adnan Khalef, a Managing Director in Carlyle’s European Credit platform, said: "The investment in Amber River reflects our strategy of providing flexible capital to resilient, high-quality businesses in support of their long-term growth ambitions. We are delighted to have partnered with CEO Mary-Anne McIntyre, the Amber River team and Penta Capital and look forward to continuing to back the business under Stone Point’s ownership.”

For decades, fixed income was expected to provide income, stability, and diversification when markets turned volatile. Today, that assumption is being tested. In the latest Up Close with Carlyle, Akhil Bansal shares his perspective on why traditional fixed income has become less effective as a portfolio anchor and why investors are increasingly exploring asset-backed finance as a complementary source of income and diversification. Read more below.

Today, Carlyle announced it has acquired Secturion Systems, a provider of high-speed hardware encryption products for classified defense and intelligence applications. The transaction marks the first investment by Carlyle’s dedicated middle-market Aerospace, Defense & Government and Industrials platform. The acquisition builds on Carlyle's nearly 40 years of investing across the aerospace, defense and government sectors. Carlyle continues to partner with innovative businesses and talented leadership teams to advance national security, defense modernization, and industrial resilience. Read more: http://spr.ly/6040BEa1bw

Today, Carlyle announced that its Global Credit platform has provided financing to support Francisco Partners' take-private acquisition of Blackline Safety Corp., a provider of connected safety technology for industrial workforces. Carlyle served as Administrative Agent and Lead Arranger for the transaction. This investment is being led by Carlyle's Direct Lending team within the Global Credit platform. The strategy pursues investments in privately negotiated debt and capital solutions by partnering with sponsors and family or entrepreneur-owned companies. Read more here: http://spr.ly/6044BEWJsM

Carlyle is pleased to announce the pricing of Carlyle Euro CLO 2026-1, the latest transaction from our European CLO platform. The pricing follows a strong first half of the year for Carlyle's global Liquid Credit business. According to 9fin, Carlyle was the most active U.S. CLO manager with $8.93 billion of total issuance year-to-date across the U.S. market. Lauren Basmadjian, Head of Liquid Credit, and James Dunn, Head of European Liquid Credit, at Carlyle, said: "The successful pricing of Carlyle Euro CLO 2026-1, alongside our activity in the U.S. market and strong pipeline of transactions, reflects the continued momentum across our global CLO platform. We are grateful for the confidence our investors continue to place in us and remain focused on delivering strong performance underpinned by our robust underwriting processes and active portfolio management.” Source: 9fin, June 2026, 9League CLO League Tables.

Great to spend the day in Amsterdam with technology leaders from across the Carlyle portfolio for our European AI Forum. Across a full day of programming, we discussed how organizations are putting AI to work in practice, from data platforms and governance to cyber security, talent, industry use cases, and measurable ROI. Thank you to DEPT® for hosting us, and to our portfolio companies and partners from Microsoft, Google, Salesforce, OpenAI, and Oracle Red Bull Racing & Red Bull Technology for contributing throughout the day. Special thanks to SEIDOR, Adastra, and DEPT® for sharing their AI expertise during the sessions, and to Accenture for contributing to a timely discussion on cyber security and hosting the evening networking. The value of days like this is the chance for operators to compare notes, share what they are seeing inside their businesses, and learn from one another as AI continues to reshape how companies work.